CPC Climate Capital
CPC Climate Capital, a subsidiary of The Community Preservation Corporation, leads Climate United’s strategy for decarbonizing multifamily housing across the U.S. Climate United is a national coalition of three nonprofits — CPC Climate Capital, Calvert Impact, and Self-Help Climate Capital — committed to building a clean energy future that benefits all Americans.
Climate United was awarded $6.97 billion from the National Clean Investment Fund, a program under EPA’s Greenhouse Gas Reduction Fund, one of the largest and most significant direct spending programs within the Inflation Reduction Act.
Of the money awarded Climate United, CPC Climate Capital received $2.4 billion to finance carbon reducing improvements to multifamily housing nationwide.
Welcome to CPC Climate Capital
CPC Climate Capital is a subsidiary of The Community Preservation Corporation, created to lead Climate United’s multifamily housing strategy.
With its $2.4 billion award from the federal government, CPC Climate Capital finances carbon reducing improvements to multifamily housing nationwide. We don’t just make green loans — we make existing lending “green” by transforming traditional mortgages, disrupting traditional public finance, and innovating new project finance markets.
Climate United and CPC Climate Capital are committed to financing an inclusive and affordable clean energy transformation, with more than 60% of its funds going to low-income, disadvantaged, rural, and Tribal communities nationwide.
Work with Us
CPC Climate Capital provides low-cost subordinate debt financing to decrease the overall cost of mortgage capital while increasing proceeds to cover the costs of decarbonizing multifamily housing.
The goal is to make the choice to go green — making properties more energy efficient, more resilient to future weather events and rising insurance costs, and healthier for residents — the new business as usual.
To qualify for CPC Climate Capital financing, proposed projects must be multifamily properties with five units or more and meet one of the building performance standards. Here are CPC Climate Capital’s performance standards for existing buildings and new constructions.
You can learn more about the loans available through CPC Climate Capital by viewing the term sheets below.
Predevelopment Loan
Direct Permanent Loan
Direct Construction Loan
Climate United’s Multifamily Performance Standards
Ready to Work with Us?
Share your information using the form below and we’ll be in touch if it looks like your project is a good fit for CPC Climate Capital.
Stay Informed
Learn about upcoming webinars, get the latest info from CPC Climate Capital and more by joining CPC’s email list.
Have questions? Contact us: [email protected].
Our Team
CPC Climate Capital’s team is deeply experienced in helping the multifamily industry go green. Our experts can work with you to add value to your properties by making them more energy efficient and resilient to weather and rising insurance costs.
Sadie McKeown
President, The Community Preservation Corporation
Drew Ades
Senior Vice President
Head of Production, CPC Climate Capital
Atalia Howe
Senior Vice President
Head of Program Management, CPC Climate Capital
Jamie Minkove
Senior Vice President
Head of Operations and Finance, CPC Climate Capital
Alex Roth
Assistant Vice President
Chief of Staff, CPC Climate Capital